Tagged: Socialism

market economic system

Intro to Econ: Market Economic System

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices on allocating resources to satisfy their wants and needs, trying to determine how these groups should organize and coordinate efforts to achieve maximum output....

Nazis

Nazis Are As Socialist As Checkers Are Chinese

Mike Stuchberry does an excellent job of highlighting the difference between Nazis and Socialists. The Nazis did call themselves National Socialists. They even adapted some mild socialist policies. But like the World Series or The Democratic People’s Republic of Korea, National Socialist is a misnomer. Nazis Are Fascists There is...